June 2013

'News' Rehypothecation – good or bad ? | OTC Clearing and Regulations 19 June 2013 | Bill Hodgson

Rehypothecation can be very bad and be the devil which cannot be controlled and can become a monster which can eat up every one.

'News' Costs of Clearing | Free Webinar 18 June 2013 | Ben Larah

On Tuesday 25th June, 2013, at 9am EST, I shall be hosting a webinar on the study "The Cost of Clearing: A Buy-Side Investiga

'News' Mandatory Clearing, June 10, Week One and YTD 17 June 2013 | Amir Khwaja

Following on from my blog post of Day 3, I wanted to provide an update of Week One and also take a longer view; the Year to Date.

'News' 13 Days 13 Hours 30 Mins 37 Seconds | Google Reader Dies 17 June 2013 | Bill Hodgson

For those of us that consume website updates using RSS and a reader client, there is only a short space of time before Google rips out the most useful product they offer (apart from search).

'News' Competition | June 10 Prediction | The Results 17 June 2013 | Amir Khwaja

Today ClarusFT (and OTC Space) announce the result of our competition to predict the impact of the Dodd-Frank

'News' More Fixing Drama | The Race to Replace CHF TOIS 14 June 2013 | Ben Larah

The race is on to find a suitable replacement for the CHF TOIS fixing by 01 September, 2013.

'News' LSE to launch electronic swaps trading venue | SEF and OTF? 14 June 2013 | Bill Hodgson

Hot on the heels of the MifiD OTF announcement, LSE are intending to get into electronic trading of Interest Rate Swaps, cleared at SwapClear. The service should go live in Q4 this year.

'News' OTFs are Go | But is a SEF = an OTF? 14 June 2013 | Bill Hodgson

According to reports from inside Europe, the concept and reality of an Organised Trading Facility (OTF) will become a reality under MiFID 2 in the medium term future.

'News' The New LIBOR Scandal? | WM/Reuters FX Fixings 13 June 2013 | Ben Larah

LIBOR. ISDAFIX. And now, from a different asset class; WM/Reuters (WMR). Fixing scandals are emerging one after the other. This week, informants announced that a systematic rigging of the WMR FX fixing rates was going on among the major banks.

'News' Pole Position in the New Swaps Market 13 June 2013 | Amir Khwaja

Interesting article in TabbFORUM, being ready to clear by June 10th is not the same as being ready to manage a cleared swaps portfolio.

'News' Mandatory Clearing, June 10, Day 3, Cleared Volumes Rise 13 June 2013 | Amir Khwaja

Following on from yesterdays article, I wanted to provide an update on Day 3, June 12.

'News' The Impact of the June 10th CFTC Clearing Deadline on Category II Firms 12 June 2013 | Amir Khwaja

Category II firms were required to clear Interest Rate Swaps from June 10th, as this deadline impacted a lot more firms than the prior March 11th deadline, I decided to look at what the DTCC SDR data shows, and whether the expected switch from Un-

'News' Obama to nominate Amanda Renteria to replace Gary Gensler as Chair of the CFTC? 11 June 2013 | Bill Hodgson

A breaking story is the potential nomination for Gary Genslers replacement as Chair of the CFTC.

'News' The 2013 Standard Credit Support Annex | ISDA podcast 11 June 2013 | Maria Leontiou

The 2013 Standard Credit Support Annex (SCSA) is now published following the ISDA Collateral Steering Committee's efforts for its development upon the request of the ISDA Board of Directors.

'News' Court throws out Bloomberg challenge to swap margin requirements - FT.com 08 June 2013 | Bill Hodgson

I think there's many will be disappointed this case didn't go further, it would have been illustrative to see whether BBG's lawyers could make an argument stick on how IM requirements are specified by regulators.

'News' Standard CSA to be Published Today 07 June 2013 | Bill Hodgson
'News' TriOptima will reconcile data from DTCC | WSJ 07 June 2013 | Maria Leontiou

TriOptima announced that it will support data verification and portfolio reconciliation of DTCC's trade repository data as requested by triResolve clients' for their OTC derivatives portfolios.

'News' Cleared CDS Index volumes rising ahead of June 10 date 05 June 2013 | Amir Khwaja

As we have just enhanced our SDR View tool to show Credit trades from DTCC DDR, I thought I would look into the CDS Index trading activity and how it had been impacte

'News' A European working day isn't what it seems 04 June 2013 | Bill Hodgson

In the webinar below the guys from DTCC clarify that a 'working day' at ESMA means a day on which none of the member states are on a public holiday - or conversely if any member state has a public holiday, ESMA doesn't count that as "working".